Chapter 897 Acquisition of Bank of East Asia

Bank of East Asia!

Li Guobao has been very unlucky recently. In addition to his secret date with Liao Bixin in Paris being exposed by the media, for the sake of family image and personal honor, Li Guobao still denied all relations with Liao Bixin and cut off any contact. Although on the surface, Li Guobao

The face of the Li family was saved. But behind his back, he was criticized a lot, especially Liao Bixin's big mouth. He hated his parents for giving birth to him a few years earlier and met Liao Bixin, the "eighth mother-in-law".

Later, he met Lam Feng secretly acquiring 10% of the shares of Bank of East Asia and proposed a talent assistance plan to support Standard Chartered Bank. Although Li Guobao rejected it, Li Guobao secretly was always on tenterhooks for fear of Lam Feng's revenge (because Bank of East Asia's equity was too dispersed,

A total of 15% of the shares of the Lee family are in the hands of many family members, and Bank of East Asia has always been coveted by all walks of life.). Finally, Lam Feng did not take any action against Bank of East Asia, but the insider trading issue of Dow Jones was exposed again.

, and also implicated him.

After some investigation, although Li Guobao was fine in the end, he caused a lot of trouble, which made Li Guobao very annoyed. After finally recovering from this incident, he discovered that Lam Feng's shares in Bank of East Asia had reached 20%.

, and the Liu family’s shares in Bank of East Asia are as high as 8.2%.

"Don't you pay attention to the shares of Bank of East Asia?" Li Guobao angrily scolded several of his clan members. Everyone is a member of the Li family. Although they are not usually harmonious, this matter is related to the honor and disgrace of the Li family.

The Bank of East Asia belongs to the Bank. In the face of invasion by foreign enemies, everyone should unite.

Unexpectedly, these people sat back and watched Lam Feng acquire shares of Bank of East Asia and turned a blind eye, which made Li Guobao furious.

Members of the Lee family who hold shares in Bank of East Asia, look at each other and blame each other for neglecting their duties and sitting back and watching the family property being invaded by outsiders. Faced with this situation, Li

The national treasure had a headache and was speechless. He smiled bitterly in his heart. If the members of the Li family were united enough, they would not only hold 15% of the Bank of East Asia's shares. Over the years, some unsatisfied members of the family have taken advantage of them for their own personal gain.

They often sold their shares in the Bank of East Asia. Otherwise, how could the Bank of East Asia, founded by the Li family, only hold a total of 15% of the shares in the Bank of East Asia?

Of course, although Lin Feng now holds 20% of the shares in Bank of East Asia, including the 8.2% shares in the hands of the Liao family, the total of 28.2% shares is far more than the 15% shares in the hands of the Li family, but the Li family and Spain

The consortium has signed a "gentleman's agreement". If a third party wants to acquire Bank of East Asia in a hostile manner, the Spanish consortium can absorb no more than 20% of the equity of Bank of East Asia. But for now, even if the Spanish consortium absorbs 20% of the equity, including the Li family

The 15% shares in hand are only 35%, which is only 6.8% more than the 28.2% held by Lin Feng and the Liao family.

In terms of Lin Feng's financial resources, this 6.8% stake is not a problem at all.

What to do? - Li Guobao looked embarrassed. Now that the funds available to the Li family are extremely limited, it is really difficult to launch a counter-takeover with Lin Feng. After thinking about it, Li Guobao decided to temporarily release the news to the market.

This will temporarily increase the share price of Bank of East Asia, make it more difficult for Lam Fung to increase his stake in Bank of East Asia, and force him to pay a higher price. He hopes that this will eventually deter Lam Feng from acquiring BEA. Of course, Li Guobao does not hold much hope in this regard.

hope.

As for the "poison pill plan", it is a pity that Lin Feng and the Liao family now own 28.2% of the shares, and they already have the right to veto this proposal. What's more, among the existing shareholders of the Bank of East Asia, in addition to the Spanish consortium and Li

In addition to the Lee family, which is relatively close, several other shareholders, such as the Malaysian conglomerate Guoco Group, which holds 8% of Bank of East Asia, and Bank of China Hong Kong, which holds 5% of the shares, have always coveted the Lee family's shareholding position.

Thinking of this, Li Guobao hated his own clan members for their inaction during this period, otherwise he would have worried that the Li family would lose the controlling stake in Bank of East Asia. Of course, the one who was even more angry was Liao Bixin. If it weren't for this woman, he wouldn't be where he is today.

this situation.

When Li Guobao became angry, Abby Cohen continued to buy shares of Bank of East Asia in large quantities under the authorization of Lin Feng. And because of the gentleman's agreement between the Li family, the Spanish consortium began to take the opportunity to absorb the shares of Bank of East Asia. There was a fight between dragons and tigers.

Afterwards, Lam Feng held 29% of the shares of Bank of East Asia, and the Liu family still held 8.2% of the shares. The two held a total of 37.2% of the shares of Bank of East Asia. After the Spanish consortium's large-scale acquisition, the Li family also took the opportunity to absorb some shares.

, temporarily increased its stake in the Bank of East Asia, and finally held a total of 43% of the shares with the Spanish consortium, which is close to the controlling stake. At the moment, there are less than 6% of the outstanding shares in the market, and even a full acquisition by Lam Feng cannot be completed.

holding.

Li Guobao finally breathed a sigh of relief at this time. However, in order to resist Lin Feng's acquisition, the Li family suffered heavy losses. Although their family's financial resources are relatively strong, they are far from comparable to Lin Feng. Moreover, the wealth is scattered

In the hands of many tribesmen, this anti-takeover action to resist Lin Feng's takeover was a complete and utter failure.

At this time, the share price of Bank of East Asia was trading at HK$58. The market value of Bank of East Asia tripled in a few days.

"Lin, there are not enough circulating shares on the market now, and we may not be able to control Bank of Asia." Abby Cohen said with great regret. She did not expect that the Li family and the Spanish consortium would have this gentleman's agreement, and the Spanish consortium would take advantage of this.

Gentleman's Agreement took the opportunity to aggressively acquire shares, but it resulted in a sharp rise in Bank of East Asia's stock price, which increased the cost of Lam Fung's acquisition. It also caused a significant reduction in the number of shares outstanding on the market, ultimately resulting in Lam Fung failing to achieve its planned acquisition target.

However, Lin Feng was not disappointed with this situation.

"Abby, okay, don't buy the circulating stocks on the market. Li Guobao may have forgotten the most important part this time." Lin Feng smiled confidently.

Now there are two major shareholders of Bank of East Asia - Malaysia's Guoco Group and Hong Kong's Bank of China Group. They hold 13% of my shares. As long as we win over them, Lam Feng can complete the control.

At this moment, Lin Feng received a call from Peter, the president of "Second Bank".

"Boss, Ms. Liao Bixin wants to use the Liao family's real estate and law firm in Hong Kong as collateral for a loan of US$1 billion." Peter's tone on the phone was extremely strange.

When Lin Feng heard this, he was a little stunned. He didn't know why Liao Bixin did this.

"Wait a minute, I'll be right there!" Lin Feng hung up the phone and hurried to the Hong Kong headquarters of "Second Bank".

"What's going on?" Lin Feng asked as soon as he arrived.

"Boss, this is Ms. Liao Bixin's mortgaged property. However, the total value of these properties is estimated to be about US$400 million. However, she wants to borrow US$1 billion, and it is used to invest in stocks. I think the risk is too great, and now the second

"The bank is in the transitional period, so I don't think it's appropriate to approve this kind of loan for the time being. But Ms. Liao Bixin said she wanted to see you, so I had no choice but to call you," Peter analyzed carefully.

Lin Feng frowned.

"Where is she now?" Lin Feng asked.

"It's right inside." Pete pointed to a VIP room and said.

Lin Feng looked at the documents in his hand, thought about it, and pushed the door open.

"Hi, Miss Liao, I haven't seen you for a few days, but you still look the same!" Lin Feng said politely.

Liao Bixin smiled slightly and then went straight to the topic.

"Mr. Lin, I know that my current assets are not enough to loan 1 billion US dollars, but with this 1 billion US dollars, I can acquire 5% of East Asia shares from Bank of China Group. If Mr. Lin acquires 8% from Guoco Group of Malaysia,

shares, we will be able to complete our control of Bank of East Asia." Liao Bixin's eyes shone with persistence.

Lin Feng was speechless for a while after listening. He really didn't expect that Liao Bixin's resentment towards Li Guobao was so great that she even mortgaged her family property to take revenge on Li Guobao. In this regard, Lin Feng could only lament who he offended, and he must not offend women.

Especially the kind of woman who has a strong desire for revenge and the ability to retaliate.

"Mr. Lin, help me!" Liao Bixin looked at Lin Feng with a hint of pity.

Lin Feng sighed in his heart. Liao Bixin's persistence is indeed a bit shocking, but in this case, even if Liao Bixin does not acquire it, Lin Feng will still acquire 5% of the shares of Bank of China Group. After all, things have developed to this point, so

There is no room for relaxation. Now that Liao Bixin is willing to come forward, Lin Feng naturally has no hesitation.

Subsequently, Lin Feng personally approved the transaction, and the guarantor was Lin Feng himself. Regarding this transaction, Lin Feng did not think that it would be a loss. Once the shareholder controlled Bank of Asia, Liao Bixin's efforts would surely receive huge rewards. After Liao Bixin obtained the loan

When he started to contact Bank of China Group and completed the acquisition, Lam Feng also contacted Malaysia's Guoco Group through Khoo Teck Puat, the richest man in Singapore and formerly the richest man in Malaysia.

However, to Lam Feng's surprise, Guoco Group rejected Lam Feng's acquisition, but took the initiative to fully support Lam Feng's intention. Of course, the only condition was that Guoco Group would acquire the assets from the future Bank of East Asia.

One executive director seat.

It turns out that Malaysia's Guoco Group has been trying to seize the opportunity to control Bank of Asia, but its several actions have been blocked by the Lee family and the Spanish consortium, and they have taken the opportunity to increase the stock price. As a result, Guoco Group's acquisitions have been stranded several times, and even compensation has been paid.

They have made a lot of money and have a lot of resentment towards the Lee family. In this case, Guoco Group couldn’t be happier that Lam Fung has launched the acquisition of Bank of East Asia. Therefore, they want to take this opportunity to acquire Bank of East Asia by supporting Lam Fung.

The position of executive director is a little revenge on the Lee family.

In this regard, Lin Feng was a bit dumbfounded. But it just so happened that he once again used extra funds to acquire Bank of East Asia. Now that Lin Feng's funds are almost exhausted, if he can save a little, it is best to save a little. Later, Lin Feng and

Guoco Group signed a "gentleman's agreement" - as long as Lam Feng is the largest shareholder of Bank of East Asia, Guoco Group's shares in Bank of East Asia will unconditionally support Lam Fung.

At this moment, many media in Hong Kong are still speculating when this sudden takeover battle will end and who will have the last laugh, when the Bank of East Asia held a board meeting.

Unexpectedly, an uninvited guest broke in.

"Chairman, they broke in on their own." An assistant to the director explained with an anxious and frightened look.

Li Guobao and others held a board meeting in the conference room, but an uninvited guest broke in. As an assistant, he could not absolve himself of the blame.

"Chairman, do you want me to call security?" the assistant asked subconsciously.

Li Guobao looked up at everyone and frowned. The people who came were none other than Lin Feng and Liao Bixin.

"Forget it, go down!" Li Guobao waved his hand.

"Hi, Chairman Li, nice to meet you! Nice to meet you! But when the board meeting is held, why didn't you notify me, the largest shareholder of Bank of East Asia?" Lin Feng glanced around the crowd in a playful manner.

Many directors present frowned. Most of the directors present were members of the Li family. Although they were not united with each other, they could still unite in the face of foreign enemies. At least for the time being.

"I said, Lin Feng, right? If you want to join the board of directors, you can wait until your shares exceed ours (referring to the Li family and the Spanish consortium). Otherwise, you are not qualified to speak here." A nephew of Li Guobao was arrogant.

said.

Lin Feng frowned slightly when he heard this, but he didn't feel angry. For such a small character, Lin Feng really didn't feel angry.

"Allen, what are you talking about? After all, I am the largest shareholder of Bank of East Asia, so you have to be polite." Li Guobao was overjoyed when he heard this. He was already dissatisfied with Lin Feng's insidious acquisition of Bank of East Asia shares this time.

It's good to be able to use my nephew's mouth to scold Lin Feng this time.

"Mr. Lin, it's a pleasure to meet you. My nephew's words are not very popular. But it is true that if Mr. Lin wants to be on the board of directors, we can convene the board of directors for election next time. But let me make it clear first that Bank of East Asia is my

Founded by the Li family, we will not allow outsiders to sit on the board of directors. If you want to come in, you can wait until your shares exceed half." By the end of Li Guobao's words, he was already rude and sharp.

Originally, when Lin Feng came, he wouldn't be so angry, but when he came with Liao Bixin, it was different. Now Li Guobao has come to realize that this time the inside story of Dow Jones was exposed, it was most likely Liao Bixin who did it.

Ghost, so Li Guobao hated Liao Bixin. Lin Feng and Liao Bixin were in the same group, so naturally they would not give Lin Feng any good looks.

Yes, you are the richest man in the world. But in the Bank of East Asia, you are nothing. The one who calls the shots is me - Li Guobao! - Li Guobao proudly held his chest high and looked at Lin Feng, Liao Bixin and his party with contempt.

Lin Feng smiled. Just as he was about to speak, Liao Bixin stood up.
Chapter completed!